BANGKOK (BLOOMBERG) – Thailand plans to overhaul its digital rules to confer more powers on the central bank and tighten the oversight of platforms offering cryptocurrencies and other tokens after a recent market rout left retail investors reeling from losses. The planned amendments to the regulations will “bring the central bank to be part of […]
Read MoreAmid growing competition in the Bangkok office market, fuelled by a large amount of new supply in the pipeline, ageing office buildings are losing their ability to retain and attract occupiers. This trend is putting pressure on landlords of older buildings to become more proactive and find ways to enhance the value and competitiveness of their […]
Read MoreThai businesses have set their sights on expanding trade and investment in Cambodia, especially in processed food, agriculture, tourism, renewable energy, plastic, and gems and jewellery. According to Sanan Angubolkul, chairman of the Thai Chamber of Commerce and Board of Trade of Thailand, Cambodia is seeing average economic growth of 7-8% per year as a result of […]
Read MoreThe board of the Oil Fuel Fund Office (OFFO) resolved on Monday to keep the local diesel price at 34.94 baht per litre, while petrol prices will drop significantly on Tuesday. OFFO director Wisak Wattanasap said the 34.94-baht diesel price would remain for the eighth consecutive week so that the diesel subsidy from the Oil Fuel Fund […]
Read MoreA decision by Facebook to scrap its live shopping feature in October is unlikely to take a heavy toll on e-commerce in Thailand where sellers have not significantly counted on this function for their sales, according to industry pundits. Facebook owner Meta said “Facebook Live Shopping” will be taken down from Oct 1. Users can still […]
Read MoreThe government plans to raise the mininum wage for the first time in more than two years, by 5% to 8% to help workers cope with the impact of the pandemic, according to the national wage committee and the labour minister. The national wage committee expects to recommend the hike in the daily minimum wage when […]
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Thailand
